Secured Overnight Financing Rate
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US interest rate benchmarks.
(SOFR).
SOFR is a broad treasuries repo financing rate.
SOFR is the new benchmark USD rate (alternatively known as risk-free rate) and the ARRC is working with the industry to transition to SOFR from LIBOR by 30 June 2023.
See also
- Alternative Reference Rates Committee
- Federal Reserve
- LIBOR
- Reference rate
- Risk-free rates
- Repo
- Treasury
